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Performance of TME Tencent Music Entertainment.. | 74.1% in 12m

Compare TME with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?

Compare Tencent Music Entertainment.. with its related Sector/Index XLC

Compare Tencent Music Entertainment.. with its related Sector/Index XLC

Performance Duell TME vs XLC

TimeFrame TME XLC
1 Day 0.16% -1.16%
1 Week 9.69% -0.50%
1 Month 15.3% -3.04%
3 Months 41.9% 1.36%
6 Months 76.7% 23.60%
12 Months 74.1% 33.42%
YTD 47.8% 9.89%
Rel. Perf. 1m 1.66
Rel. Perf. 3m 2.50
Rel. Perf. 6m 3.89
Rel. Perf. 12m 2.52

Is Tencent Music Entertainment.. a good stock to buy?

Partly, yes. Based on ValueRay Fundamental Analyses, Tencent Music Entertainment.. (NYSE:TME) is currently (April 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 51.13 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TME as of April 2024 is 15.47. This means that TME is currently undervalued and has a potential upside of +19.92% (Margin of Safety).

Is TME a buy, sell or hold?

  • Strong Buy: 17
  • Buy: 7
  • Hold: 5
  • Sell: 0
  • Strong Sell: 0
Tencent Music Entertainment.. has received a consensus analysts rating of 4.41. Therefor, it is recommend to buy TME.
Values above 0%: TME is performing better - Values below 0%: TME is underperforming

Compare TME with Broad Market Indices

Symbol 1w 1m 6m 12m
US S&P 500 SPY 7.62% 17.77% 53.10% 49.68%
US NASDAQ 100 QQQ 6.36% 17.82% 52.31% 39.03%
US Dow Jones Industrial 30 DIA 9.32% 18.74% 59.04% 59.37%
German DAX 40 DBXD 8.27% 17.37% 53.84% 60.94%
UK FTSE 100 ISFU 6.34% 13.40% 59.76% 66.75%
Shanghai Shenzhen CSI 300 CSI 300 6.55% 11.71% 74.64% 86.53%
Hongkong Hang Seng HSI 1.35% 10.84% 78.47% 92.87%
Japan Nikkei 225 EXX7 9.38% 22.93% 58.36% 55.80%
India NIFTY 50 INDA 8.46% 13.46% 55.48% 46.10%
Brasil Bovespa EWZ 7.30% 17.35% 65.34% 54.92%

TME Tencent Music Entertainment.. vs. Sectors

Symbol 1w 1m 6m 12m
Communication Services XLC 10.19% 18.32% 53.11% 40.67%
Consumer Discretionary XLY 4.12% 17.40% 57.00% 51.41%
Consumer Staples XLP 8.79% 15.97% 62.89% 73.30%
Energy XLE 8.85% 13.18% 61.17% 56.95%
Financial XLF 9.96% 18.51% 48.27% 49.02%
Health Care XLV 9.01% 20.22% 62.39% 67.20%
Industrial XLI 7.96% 17.25% 49.16% 48.54%
Materials XLB 8.32% 18.10% 56.23% 59.72%
Real Estate XLRE 7.75% 22.01% 61.10% 72.94%
Technology XLK 6.37% 18.92% 53.00% 39.95%
Utilities XLU 8.08% 13.09% 61.33% 73.48%
Aerospace & Defense XAR 6.33% 17.54% 54.86% 53.45%
Biotech XBI 7.58% 25.15% 45.50% 67.44%
Homebuilder XHB 6.17% 21.65% 28.48% 25.54%
Retail XRT 7.27% 22.61% 50.21% 53.21%

TME Tencent Music Entertainment.. vs. Commodities

Symbol 1w 1m 6m 12m
Oil USO 8.78% 14.30% 72.17% 56.31%
Natural Gas UNG 10.55% 12.95% 123.08% 120.92%
Gold GLD 9.41% 10.20% 59.92% 57.11%
Silver SLV 10.09% 6.14% 60.36% 66.13%
Copper CPER 6.20% -0.52% 48.90% 52.12%

Returns of TME vs. Yields & Bonds

Symbol 1w 1m 6m 12m
iShares 20+ Years Bond TLT 9.71% 20.92% 68.68% 87.42%
iShares High Yield Corp. Bond HYG 9.10% 15.90% 67.23% 65.83%
Does Tencent Music Entertainment.. outperform its market, is TME a Sector Leader?
Yes, over the last 12 months Tencent Music Entertainment.. (TME) made 74.09%, while its related Sector, the Communication Services Sector SPDR.. (XLC) made 33.42%.
Over the last 3 months TME made 41.91%, while XLC made 1.36%.
Period TME XLC S&P 500
1 Month 15.28% -3.04% -2.49%
3 Months 41.91% 1.36% 4.15%
12 Months 74.09% 33.42% 24.41%